Emails to taxpayers for tax refund should not be misconstrued: CBDT

The Central Board of Direct Taxes, CBDT, today refuted rumours circulated on social media alleging that the Income Tax Department is pursuing recovery proceedings and using arm-twisting methods by adjusting outstanding demands of the start-ups. CBDT stated these observations completely unfounded and total misrepresentation of facts. The CBDT said that its email seeking clarification from all those taxpayers who are entitled to get tax refund but also have outstanding tax to pay should not be mis...